Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Assets and Liabilities Measured and Reported at Fair Value

Schedule of the carrying values of assets and liabilities measured at fair value on a recurring basis

	Fair value at March 31, 2015
(in thousands)	Total				Level 1				Level 2				Level 3
Assets
Investment securities available for sale
U.S. Treasury and other U.S. government obligations	$		60,000		$		60,000		$		—		$		—
Government sponsored enterprise obligations	175,814				—				175,814				—
Mortgage-backed securities - government agencies	169,895				—				169,895				—
Obligations of states and political subdivisions	64,979				—				64,979				—
Corporate equity securities	1,014				1,014				—				—
Total investment securities available for sale	471,702				61,014				410,688				—
Interest rate swaps	321				—				321				—
Total assets	$		472,023		$		61,014		$		411,009		$		—
Liabilities
Interest rate swaps	$		325		$		—		$		325		$		—
		Fair value at December 31, 2014
(in thousands)		Total				Level 1				Level 2				Level 3
Assets
Investment securities available for sale
U.S. Treasury and other U.S. government obligations		$		70,000		$		70,000		$		—		$		—
Government sponsored enterprise obligations		204,986				—				204,986				—
Mortgage-backed securities - government agencies		174,270				—				174,270				—
Obligations of states and political subdivisions		62,834				—				62,834				—
Corporate equity securities		966				966				—				—
Total investment securities available for sale		513,056				70,966				442,090				—
Interest rate swaps		425				—				425				—
Total assets		$		513,481		$		70,966		$		442,515		$		—
Liabilities
Interest rate swaps		$		401		$		—		$		401		$		—

Schedule of the carrying values of assets measured at fair value on a non-recurring basis

									Losses for 3 month
	Fair value at March 31, 2015								period ended
(in thousands)	Total		Level 1		Level 2		Level 3		March 31, 2015
Impaired loans	$	7,352	$	—	$	—	$	7,352	$	(206	)
Other real estate owned	4,946		—		—		4,946		—
Total	$	12,298	$	—	$	—	$	12,298	$	(206	)
									Losses for 3 month
	Fair value at December 31, 2014								period ended
(in thousands)	Total		Level 1		Level 2		Level 3		March 31, 2014
Impaired loans	$	6,449	$	—	$	—	$	6,449	$	(180	)
Other real estate owned	5,032		—		—		5,032		—
Total	$	11,481	$	—	$	—	$	11,481	$	(180	)

Schedule of unobservable inputs in fair value measurements

				Significant	Weighted
	Fair		Valuation	unobservable	average of
(Dollars in thousands)	Value		technique	input	input
Impaired loans - collateral dependent	$	2,826	Appraisal	Appraisal discounts (%)	8.8	%
Impaired loans - cash flow dependent	4,526		Discounted cash flow	Discount rate (%)	5.3	%
Other real estate owned	4,946		Appraisal	Appraisal discounts (%)	14.5	%